Rising inventory and declining sales may indicate a return to an equilibrium price point.

The Pattern in valley housing over the last two years has been strong price increases fueled not by a powerful wave of home buyers but by a severe lack of home sellers. However, this pattern might finally be changing.

Job outsourcing surpasses the recession as the true culprit.

Even after five years of the strongest government stimulation in American history, real wages are still down 10 percent, and the broadest measure of unemployment is 12.7 percent, just 4 percent less than its all-time high.

A mathematical anomaly helps home prices recover.

Home prices in the first four months of the year continued to surge at double-digit rates. A close look at these large gains reveals an important mechanism driving the housing recovery in the Coachella Valley.

Key indicator suggests Fed sensitivity to the housing recovery

Home prices are higher, but there is concern that the Fed’s Quantitative Easing program might create another price bubble or that rising mortgage rates of the last few months will stop the housing recovery.